InFocus

African Development Bank (Abidjan)

Africa50 Constitutive General Assembly Held in Casablanca

Africa50 - an innovative infrastructure investment platform sponsored by the African Development Bank held its Constitutive General Assembly on 29 July 2015 in Casablanca, Morocco. Representatives of 24 African countries who have subscribed for an aggregate amount of USD 830 million will attend this historic event.

"For a long time, we have relied on external financing to fund our infrastructure. Now is the time to mobilize sovereign African savings to build the Africa of tomorrow"
Donald Kaberuka, President of AfDB and Chairman of Africa50

AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 800 news and information items daily from over 140 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Monrovia, Nairobi and Washington DC.